41A Melrose StreetParkdale VIC 3195
Property Details for 41a Melrose St, Parkdale
41a Melrose St, Parkdale is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 773m2 and floor size of 780m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (September 2022)
Tsimos Commercial is delighted to offer this rare large 2 story building with plenty of options.
41A MELROSE STREET, PARKDALE
Properties like this one don't come around often. What was once a squash court, is now an incredible opportunity to transform this property into something truly spectacular.
With 5+ potential bedrooms, multiple kitchens and bathrooms, sauna and so much more, renovate into an incredible, spacious home, into multiple apartments within the existing structure (STCA) or create a unique commercial, warehousing, a creative co-working space or office space for a business.
The options are plenty!
A double garage, additional room for off-street parking, a private courtyard and a generously sized workspace add to the package.
This property could be Medical, gyms, dance schools and the like STPA
Property Specifications:
Total Land area | 787m2*
Large, double-storey building ideal for both commercial and residential use | 670m2*
Four (4) car spaces Two (2) undercover
Separate entry with street frontage
Includes several bedrooms, kitchens, bathrooms, two saunas, a sizeable workshop and more
Several Lounges, games area, bar & theatre room, four (4) bathrooms & large laundry
Rear courtyard & landscaped grounds
Property History for 41a Melrose St, Parkdale, VIC 3195
- 19 Sep 2022Sold for $2,200,000
- 31 Aug 2022Listed for Rent - Price not available
- 13 Apr 2022Sold for $1,600,000
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0About Parkdale 3195
The size of Parkdale is approximately 3.6 square kilometres. It has 14 parks covering nearly 7.2% of total area. The population of Parkdale in 2011 was 11,184 people. By 2016 the population was 11,744 showing a population growth of 5.0% in the area during that time. The predominant age group in Parkdale is 40-49 years. Households in Parkdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkdale work in a professional occupation. In 2011, 73.6% of the homes in Parkdale were owner-occupied compared with 74.2% in 2016.
Parkdale has 6,110 properties. Over the last 5 years, Houses in Parkdale have seen a 15.41% increase in median value, while Units have seen a 16.96% increase. As at 31 October 2024:
- The median value for Houses in Parkdale is $1,470,539 while the median value for Units is $791,133.
- Houses have a median rent of $750 while Units have a median rent of $550.
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